Karl DeLane Leonard

Karl DeLane Leonard is currently employed as a Broker and/or Investment Adviser at IFS SECURITIES located at 12723 Rock Creek Court, Humble, TX, 77346.

Karl DeLane Leonard has worked at IFS SECURITIES since February 07, 2017

Disclosure History

Karl DeLane Leonard has 2 Disclosure Event(s).

Date: April 25, 2017
Category: Judgment / Lien
Judgment/Lien Amount: $1,978.77
Judgment/Lien Type: Tax
Broker Comment: I was not aware of any tax lien from the state of Tennessee until May 1, 2017. I am setting up a payment plan to pay this off within 12 months or sooner. Part of the amount included is the 2017 Professional Privilege Tax according to

Date: December 07, 2016
Category: Employment Separation After Allegations
Termination Type: Discharged
Allegations: Failed to disclose annuity contract expenses to clients.
Broker Comment: I explained expenses and fees in the manner I have always explained which was not acceptable to Edward Jones.

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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